Pep Boys says Icahn's buyout proposal could be superior

U.S. auto parts retailer Pep Boys-Manny, Moe and Jack said its board determined that Carl Icahn's offer to buy the company for $15.50 per share could result in a "superior proposal" compared with Bridgestone's current offer.

from Automotive News Breaking News Feed http://ift.tt/1XYYBF4 via Falls Church auto repair